306 E Garrett RUN, Austin TX 78753

After reviewing 5 recent transactions in WESTERN OF QUAIL CREEKSEC -A, I estimate this property's value at $352,012. A competitive list price for this home right now would fall in the $250,000 to $260,000 range. This home's position in the current WESTERN OF QUAIL CREEKSEC -A market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years newer than typical comps, the 1982 build date influences the valuation. Current inventory shows 3 comparable homes in WESTERN OF QUAIL CREEKSEC -A; a buyer's market based on recent absorption. Prices in 78753 have fallen 0.2% over the last 6 months. A similar home at 305 Holliday CT, Austin TX 78753 carries an adjusted comparable value of $323,445, providing a strong data point. With 5 comparable sales in WESTERN OF QUAIL CREEKSEC -A, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group